Maryland Financial Institutions Section 9-406

      (a)      Except as required by subsection (b) of this section, a savings and loan association is not required to pay any dividend or interest on special purpose accounts such as "Christmas" or "vacation" accounts.

      (b)      A savings and loan association shall pay at least 5 percent annual interest or dividend on savings accounts that are for:

            (1)      A period of 1 year or less; and

            (2)      A special purpose, such as "Christmas" or "vacation" accounts.